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NOTES:
Source
(Mar. 8, 1938, ch. 44, § 4, 52 Stat. 108; Mar. 4, 1939, ch. 5, § 1(d), 53 Stat. 511; Aug. 9, 1940, ch. 649, 54 Stat. 782; July 1, 1941, ch. 270, § 3, 55 Stat. 498; July 16, 1943, ch. 241, § 2, 57 Stat. 566; Apr. 12, 1945, ch. 54, § 1, 59 Stat. 50; Oct. 31, 1949, ch. 792, title IV, § 410, 63 Stat. 1057; June 28, 1950, ch. 381, § 1, 64 Stat. 261; Mar. 20, 1954, ch. 102, § 1(a), 68 Stat. 30; Aug. 31, 1954, ch. 1172, § 1, 68 Stat. 1047; Aug. 11, 1955, ch. 782, § 1, 69 Stat. 634; Aug. 1, 1956, ch. 815, § 1(b), 70 Stat. 783; Pub. L. 95–279, title III, § 301(b), May 15, 1978, 92 Stat. 242; Pub. L. 100–202, § 101(k) [title I, § 101], Dec. 22, 1987, 101 Stat. 1329–322, 1329–336.)
Codification
“Chapter
31 of title
31” and “such chapter” substituted in text for “the Second Liberty Bond Act, as amended” and “such Act, as amended,”, and “chapter
91 of title
31” substituted for “the Government Corporation Control Act (31 U.S.C., 1946 edition, sec.
841)” on authority of Pub. L. 97–258, § 4(b), Sept. 13, 1982, 96 Stat. 1067, the first section of which enacted Title 31, Money and Finance.
Amendments
1987—Pub. L. 100–202 substituted “$30,000,000,000” for “$25,000,000,000”.
1978—Pub. L. 95–279 substituted “$25,000,000,000” for “$14,500,000,000”.
1956—Act Aug. 1, 1956, substituted “$14,500,000,000” for “$12,000,000,000”.
1955—Act Aug. 11, 1955, substituted “$12,000,000,000 for “$10,000,000,000”.
1954—Act Aug. 31, 1954, substituted “$10,000,000,000” for “$8,500,000,000”.
Act Mar. 20, 1954, substituted “$8,500,000,000” for “$6,750,000,000”.
1950—Act June 28, 1950, substituted “$6,750,000,000” for “$4,750,000,000”.
1949—Act Oct. 31, 1949, inserted proviso in next to last sentence.
1945—Act Apr. 12, 1945, substituted “$4,750,000,000” for “$3,000,000,000”.
1943—Act July 16, 1943, substituted “$3,000,000,000” for “$2,650,000,000”.
1941—Act July 1, 1941, substituted “$2,650,000,000” for “$1,400,000,000”.
1940—Act Aug. 9, 1940, substituted “$1,400,000,000 for “$900,000,000”.
1939—Act Mar. 4, 1939, substituted $900,000,000” for “$500,000,000”.
Effective Date of 1978 Amendment
Section 301(d) of Pub. L. 95–279 provided that: “The provisions of this section [amending this section and section
714b of this title and enacting provision set out as a note under section
714b of this title] shall become effective October 1, 1978.”
Exceptions From Transfer of Functions
For exception of functions of corporations of Department of Agriculture from transfer of functions to Secretary of Agriculture by Reorg. Plan No. 2 of 1953, see Exceptions From Transfer of Functions note set out under section
712a of this title.
Discharge of Indebtedness
Section 101 of act May 26, 1947, ch. 82, title I, 61 Stat. 109, provided in part that on the date of enactment of that Act [May 26, 1947] the Secretary of the Treasury was authorized and directed to discharge $641,832,080.64 of the indebtedness of the Commodity Credit Corporation to the Secretary of the Treasury by canceling notes in such amount issued by the Corporation to the Secretary of the Treasury pursuant to section 4 of the Act of March 8, 1938, as amended [this section].
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